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CBSE Class 12 Commerce Entrepreneurship Preparation Tips

CBSE Class 12 Commerce Entrepreneurship Preparation Tips

CBSE Class 12 Commerce Entrepreneurship Preparation Tips

CBSE Class 12 Commerce Entrepreneurship Preparation Tips : Entrepreneurship program is being offered in various courses to aid students to build up a business mind and to make them efficient to work in business oriented firms. The program focuses on the basic essentials of business theory. This course aims in providing students knowledge about the different facets of entrepreneurship like risk taking, problem solving etc. so that they can become entrepreneurs in the future.

Development of school curriculum is a dynamic process responsive to the society and reflecting the needs and aspiration of its learners. Fast changing society deserves changes in educational curriculum particularly to establish relevance to emerging socio-economic environment; to ensure equity of opportunity and participation and finally promoting concern for excellence. In this context the course on entrepreneurship aims at instilling and stimulating human urge for excellence by realizing individual potential for generating and putting to use the inputs, relevant to social prosperity and thereby ensure decent means of living for every individual.

CBSE Class 12 Commerce Entrepreneurship Preparation Tips

Tips and Tricks to prepare for the Entrepreneurship Exam

  • Time management must be given prime emphasis.
  • Key points must be noted down in a separate book let.
  • Revision time must be utilized effectively.
  • Help of good quality coaching centers can be utilized if necessary.
  • Stick to the syllabus prescribed by CBSE.
  • Plan your revision schedule to avoid last moment stress.
  • Make a flow chart of every chapter.
  • Prepare effective notes of terms, definitions and important points chapter wise.
  • These will suffice for final revision before the exam.
  • Practise drawing neatly-labelled diagrams.
  • Unlabelled diagrams do not convey any meaning.
  • Use schedules/diagrams to revise the concepts. Hone up your analytical skills.
  • Understand the reasons for the relationship between variables – such as total product and marginal product, total fixed cost and average fixed cost etc.
  • While revising the paper, ensure the following: Write the correct equation/ formula – follow a logical pattern.
  • Transfer correct values from the question to answer.
  • Try and reduce writing time to two-and-a-half-hours to ensure ample revision time of the written answer for yourself.
  • If you get stuck, try to remember a related fact. If that does not work, go on to the next question. Come back to it later.
  • Be neat in the presentation of your answer.
  • Highlight/underline the salient points.

CBSE Class 12 Commerce Entrepreneurship Preparation Tips

Prescribed Books for 12th Entrepreneurship Exam

  • Entrepreneurial Development by Dr. S. Moharana and Dr.C.R.Dash
  • Social Entrepreneurship: What Everyone Needs to Know by David Bornstein and Susan Davis
  • Entrepreneurial Development by S.S.Khanna
  • Entrepreneurship for Dummies by Kathleen R. Allen
  • The Success System That Never Fails by William Clement Stone
  • Educational Entrepreneurship: Realities, Challenges, Possibilities by Frederick M. Hess
  • The Future of Educational Entrepreneurship: Possibilities for School Reform by Edited by Frederick M. Hess and Frederick M. Hess
  • 21st Century Business Series: Entrepreneurship by Cynthia L. Greene
  • Entrepreneur’s Notebook: Practical Advice for Starting a New Business Venture by Steven K. Gold
  • Entrepreneurship: Ideas in Action by Cynthia L. Greene
  • Social Entrepreneurship in Education: Private Ventures for the Public Good (New Frontiers in Education) by Michael R. Sandler
  • Transforming Public Education: Cases in Educaion Entrepreneurship by Stacey M. Childress

CBSE Class 12 Commerce Entrepreneurship Preparation Tips

To pass the Entrepreneurship Class 12 exam with flying colours, listed below are 15 quick tips:

1. Read the question properly, at least twice, before answering.

2. Underline the important points of the question which will be useful in solving the question.

3. Try to solve financial statement analysis at the end of the all questions, because it contains a lot of calculation.

4. In case of questions related to shares, if applied shares are given of share holder, then after finding allotted shares, the candidates can simply cut down the applied shares from the question paper, so that they can consider only allotted shares while solving the questions.

5. While preparing cash book in shares, try to pass all the entries of bank in rough so that there is no confusion.

6. While preparing the profit and loss appropriation account, the profit should always be before any appropriation. Also, the candidates should be aware about the balances of capital of partners; it should complete the entire 12 months, otherwise month consideration will be there for any appropriation

7. If candidates are not able to reach the answer of a question, they should move on to other questions and return to the former later.

8. In case of redemption of debentures, the candidates should always try to find out which method of redemption is given in the question.

9. Always keep some time for revision while adjusting time.

10. Do not leave out any question.

11. Answer those questions first which you know very well.

12. Attempt ‘HOTS’ questions at the end. Read summaries given at the end of each chapter to get a comprehensive idea about the given chapter.

13. HOTS can be given from summaries also.

14. Refer to the latest CBSE sample question papers, along with previous year board question papers.

CBSE Class 12 Commerce Entrepreneurship Preparation Tips

S. No.Unit Periods Marks
1.Entrepreneurial Opportunities40 30
2.Plentrepreneurial Planning40
3.Enterprise Marketing4020
4.Enterprise Growth Strategies20
5.Business Arithmetic4020
6.Resource Mobilization20
Project Work4030
Total240100

CBSE Class 12 Commerce Entrepreneurship Preparation Tips

Teachers and the students preparing for Class XII examination of the Board constitute the primary interest-group of this publication. Marking Schemes of Question Papers in the subjects of English Core, Functional English, Mathematics, Economics, Business Studies, Accountancy and Entrepreneurship administered in Delhi and Outside Delhi during the Main Examination have been included in this document. Some tips on their usage are given below :

(a) To Teachers :

  • Go through the syllabus and the weightage distribution for the subject carefully.
  • Read the question paper to find out how far the question paper set subscribes to the prescribed design. Grade every question by difficulty level for students who have taken the main Board examination.
  • Consult the ‘Marking Scheme’ for each question, with reference to steps into which answers and awards have been divided.
  • Work out concrete suggestions for the Board.

(b) To Students :

  • Study each question carefully, comprehend them and write down the main points of the answer and note down their difficulties for clarification.
  • Examine a question in conjunction with the Marking Scheme and find out the proximity of the answer to that suggested in the Marking Scheme. We urge the teachers to encourage their students to make use of this publication.

CBSE Class 12 Commerce Entrepreneurship Preparation Tips

Marking Scheme — Entrepreneurship

General Instructions

1. The marking scheme carries only suggested value points for the answers. These are only guidelines and do not constitute the complete answer. The students can have their own expression and if the expression is correct, marks will be awarded accordingly.

2. Some of the questions may relate to higher order thinking ability. These questions are to be evaluated carefully and students understanding/ analytical ability may be judged. These questions will be indicated by a star mark.

3. Evaluation is to be done as per instructions provided in the Marking Scheme.

4. lf a question has parts, please award marks in the right hand side for each part. Marks awarded for different parts of the question should then be totaled up and written in the left hand margin.

5. lf a question does not have any part, marks be awarded in the left hand margin.

6. 1f a candidate has attempted a question twice, the first answer to be marked and corrected.

7. There are few questions on distinction between two concepts. Marks should be given only if the distinction is clearly given and is correct.

8. In case of choice type question, if an examinee attempts both the choices, first answer only should be assessed.

9. In a question, if two features/characteristics/points are asked, marks should be awarded for the first two points written.

10. It is expected that the Marking Scheme should be followed objectively to avoid over strict tendency in marking.

11. Marks should be awarded keeping in view the total marks of that particular question and not the total marks of the question paper.

12. A full scale of marks 0-70 has to be used. Please do not hesitate to award full marks if the answer deserves it. Similarly, wherever an examinee writes answer up to the mark, his/her marks should not be deducted unnecessarily.

13. Answer scripts written in English should be evaluated by the examiners teaching in English and answer scripts written in Hindi should be evaluated by the examiners teaching in Hindi.

14. In compliance to the judgment of the Hon’ble Supreme Court of India, Board has decided to provide photocopy of the answer book(s) to the candidates who will apply for it along with the requisite fee from examination. Therefore, it is all the more important that the evaluation is done strictly as per the value points given in the marking scheme so that the Board is in a position to defend the evaluation at any forum.

15. In the light of the above judgment instructions have been incorporated in the guidelines for centre superintendents to ensure that the answer books of all the appeared candidates have been sent to the Board’s office. The examiners have to certify that they evaluated the answer books strictly in accordance with the value points given in the marking scheme.

16. Every examiner should stay upto sufficiently reasonable time, normally 5-6 hours everyday and evaluate 20-25 answer books.

Example of how to answer a question paper can be seen here : Steps to answer question paper 

How to Allot CBSE Class 12 Commerce Marks : CBSE Class 12 Commerce Allotment of Marks

To download CBSE Class 12 Commerce Entrepreneurship NCERT Books syllabus check here 

CBSE Class 12 Commerce Entrepreneurship syllabus

CBSE Class 12 Commerce Entrepreneurship syllabus (2)

 To download CBSE Class 12 Commerce Entrepreneurship NCERT Books  Check here
CBSE Class 12 Commerce Entrepreneurship text bookDownload link
Enterpreneurship book 1Download link
Enterpreneurship book 2Download link
Enterpreneurship book 3Download link
Enterpreneurship book 4Download link
CBSE Class 12 BrochureDownload link
CBSE Class 12 Commerce Marks Allotment 1Download link
CBSE Class 12 Commerce Marks Allotment 2Download link

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